Property Assessed Value Appeal

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If an owner or builder believes the Notice of Property Value (NOPV) is inaccurate, they can challenge the assessed value with the NYC Tax Commission. In response, the Tax Commission may reduce the property’s assessment, change the tax class, or adjust exemptions. The deadline for Class 2, 3, and 4 properties is March 1, and the deadline for class 1 is March 15.

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